For class this week, the debate on if the promise of stakeholder capitalism is illusory or real was interesting to reflect on. I appreciate that stakeholder capitalism represents a shift towards a more inclusive and sustainable world. However, I believe there needs to be greater efforts across all levels of society in ensuring businesses are truly serving the interests of all stakeholders. Changes are being made and customers are paying more attention to the companies that are following environmental, social, and governance standards. I think adding regulation to stakeholder capitalism will give it more structure and hold companies more accountable for the Business Roundtable Statement they have signed. I currently lean more on the side that the promise of stakeholder capitalism is illusory, although with more accountability and measurement, I see a future where stakeholder capitalism is real.
For the Internship Seminar, our homework was to think about power and decision-making at our workplace. The office I work in is small, with three different areas total. My boss has his own office, and the employees seem to choose where they prefer to sit in the other two areas, although there are usually the same people in each room. I believe authority comes from how invested an individual is in the company. My boss is the founder and CEO of the company, as well as a top investor, so it makes sense to me that he is treated with the most authority and is trusted to make the big decisions. The time and energy he puts into his job gives him the “aura of authority” in my workplace. I’m looking forward to the networking event to see how it may be similar or different to previous events I’ve attended in the US.
Work this week involved updating the presentations on Easylife’s competitors. I really enjoy going into the office and talking with the people I work around. Kesha and Alessia work in the same room as Paige and I, and are so friendly and always want to know about what we’ve been up to and if we need anything. They told Paige and I about the strike on Wednesday and said not to worry about coming into the office and recommended working from home. I have definitely adjusted to commuting to work and school, as well as my overall routine each day. I have not seen my boss this week, but appreciate the feedback I was given last week and have been kept busy with other tasks at work, like helping my coworkers sort through different bins in the office to keep the space organized.
This weekend, I traveled to Ibiza to see the beautiful beaches, churches, and nightlife! There was so much to do and I wish I had more time here. On Friday, I saw Calvin Harris and David Guetta, which was so exciting because I have been listening to their music since I was in middle school. We took the day on Saturday to explore Ibiza Town, which involved seeing the Castle and walking around to different boutiques. After seeing the Castle, we went to a market called Sant Jordi which is only open on Saturdays. I got two bracelets and had a great time walking around and seeing unique jewelry, bags, clothes, and more. After the market, we went to a beach our apartment recommended called Ses Salines then got dinner on the water. Our flight was early on Sunday, so I’m glad we had a busy weekend and fit in as much as possible!